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    Property profile & analytics

    1180 Hwy 71st S Mena, AR 71953-3908

    • Office buildings
    • 3,480 SF
    • 0.51 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US05-1712742
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 1180 Hwy 71st S

    Year built
    1970
    Lot size
    0.51 lot acres
    Property size
    3,480 SF
    Property type
    Office buildings
    APN
    6000-01976-0200
    APU
    6000019760200

    Description

    This exceptional 0.51-acre commercial property in Mena, Arkansas, presents a unique investment opportunity. Located at 1180 Highway 71 South, 71953, this property boasts a newly rebuilt (2023) 1,250 square foot structure ideal for hospitality use, such as an Airbnb. The home features high-end finishes including granite countertops in the kitchen and bathrooms, a double walk-in shower with granite and tile, and all new kitchen appliances, including a farmhouse sink and double ovens. The property also includes a substantial 40x60 shop with internet access and Govi lighting surrounding both the shop and the home. The picturesque setting overlooks a beautiful lake and several mature pecan trees. The asking price is $595,000. This property offers significant income potential and is ready for immediate use. Detailed specifications are available in associated documents. This is a rare opportunity to acquire a turnkey hospitality business or a luxurious private residence with exceptional amenities in a desirable location. The property is zoned for commercial use.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mena
    County
    Polk
    State
    Arkansas
    Longitude
    -94.2434
    Latitude
    34.5726

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,416
    $8,720
    $24,530
    $33,250
    -
    $43,600
    $122,650
    $166,250

    Comparable in this City

    • Value Estimation by Request
      3,000 SF

      507 Hickory Ave

      OFFICE BUILDING • 3,000 SF
      507 Hickory Ave, Mena, AR 71953-3044
      View Details
    • Value Estimation by Request
      2,493 SF

      1161 Hwy 71st S

      OFFICE BUILDING • 2,493 SF
      1161 Hwy 71st S, Mena, AR 71953-4754
      View Details
    • Value Estimation by Request
      3,280 SF

      1118 Hwy 71st S

      OFFICE BUILDING • 3,280 SF
      1118 Hwy 71st S, Mena, AR 71953-4034
      View Details
    • Value Estimation by Request
      1,650 SF

      1109 Hwy 71st S

      OFFICE BUILDING • 1,650 SF
      1109 Hwy 71st S, Mena, AR 71953-4033
      View Details
    • Value Estimation by Request
      576 SF

      Hwy 88th E

      OFFICE BUILDING • 576 SF
      Hwy 88th E, Mena, AR 71953
      View Details
    • Value Estimation by Request
      1,050 SF

      515 Mena St

      OFFICE BUILDING • 1,050 SF
      515 Mena St, Mena, AR 71953-3337
      View Details

    Similar Nearby for Sale

    • $235,000
      1,040 SF

      Remodeled Office Building with Rentals

      Fully remodeled office building with high visibility and rental income.
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    • $118,900
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      Commercial Building in Mena, Arkansas

      Commercial building with office spaces, located in Mena, Arkansas.
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    • $693,000
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      Mena Commercial Building and Land

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    • $200,000
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    • $795,000
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      Prime Mena Business Opportunity

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      1150 Highway 71, Mena, AR 71953
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    • $729,000
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      Prime Mena, AR Commercial Land

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    Mena, AR 71953-3908
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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